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Carney Place (Ref: 1207)

Shared ownership

London SW9 8GH, London, SW9 8GH

For sale
Shared ownership
Photo of Carney Place  (Ref: 1207)
Live from space album cover

from

£200,000

with min. deposit

£10,000

40% Share from
£200,000
Full market price
£500,000
Minimum deposit
£10,000
Monthly rent
£652
Monthly service charge
£113.75

2 bedroom flat

A modern two-bedroom Shared Ownership apartment, just a short walk from Brixton underground (on the Victoria line) is now available for resale. 

Your new home is at the heart of one of the most fashionable residential developments in an area known to be an exciting and vibrant part of London. You really are at the centre of everything the capital has to offer.

The double bedrooms come with plenty of space for storage and floor to ceiling glass windows that flood the west-facing apartment with sunlight. The spacious reception room is open plan with a large living area, ample space to dine, relax and entertain. Benefiting from a fabulous fully …

Features

Double Glazing

Lift access

Bedrooms2
Bathrooms1
Reception rooms0
Furniture statusunfurnished
Floor area69.9
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years116
EER Current84

from

£200,000

with min. deposit

£10,000

40% Share from
£200,000
Full market price
£500,000
Minimum deposit
£10,000
Monthly rent
£652
Monthly service charge
£113.75
Network Homes

Network Homes

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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